NEWS
SandboxAQ to utilise Google Cloud to develop Large Quantitative Models
SandboxAQ has announced a partnership with Google Cloud to integrate and optimise its platform of Large Quantitative Models , LQMs on Google Cloud while enabling seamless procurement and deployment of SandboxAQ ’ s solution through Google Cloud Marketplace .
SandboxAQ ’ s cutting-edge quantitative AI technologies , which are driving innovation in drug discovery , chemical and materials science , advanced sensing , and cybersecurity across diverse industries and applications , will leverage Google Cloud as its preferred cloud provider .
Jack D Hidary , CEO of SandboxAQ , said , “ Partnering with Google Cloud enables us to deliver enhanced value to customers by leveraging their industrycloud computing and AI infrastructure with our groundbreaking Large Quantitative
Models , LQMs . This collaboration accelerates our efforts to develop Quantitative AI technologies and applications that address critical challenges – such as breakthroughs in Alzheimer ’ s research and other key areas of biopharma work .
Together , we are positioned to empower businesses and governments with transformative solutions on Google Cloud , reaching a broader range of organisations through its robust marketplace .”
“ SandboxAQ ’ s partnership with Google Cloud will help support the development of new models and solutions and bring them to enterprise customers more quickly and seamlessly ,” said Thomas Kurian , CEO , Google Cloud .
“ Google Cloud ’ s AI-optimised infrastructure will underpin the development of SandboxAQ ’ s quantitative models and
Jack D Hidary
solutions , while Google Cloud Marketplace will provide SandboxAQ with an accelerated , simplified route to market .”
SandboxAQ is a B2B company delivering solutions at the intersection of AI and quantum techniques . The company ’ s Large Quantitative Models , LQMs deliver critical advances in life sciences , financial services , navigation , and other sectors . The company emerged from Alphabet Inc as an independent , growth-backed company funded by investors .
Dataiku surpasses $ 300 million in ARR for Universal AI platform
Dataiku announced a major milestone in its growth journey , surpassing $ 300 million in annual recurring revenue , ARR . This achievement highlights significant growth in Dataiku ’ s ARR , which has more than doubled over the past three years , reinforcing the strength of its Universal AI platform and business model .
Feeding this momentum , the company saw a rapid acceleration of GenAI adoption over the past year . Over 20 % of customers now use Dataiku to integrate GenAI into their business and data workflows , with multiple projects per customer exceeding 1,000 active use cases .
In addition to its financial performance , Dataiku has expanded its global footprint , growing its customer base to over 700 organisations worldwide .
More than 100 customers , from Johnson & Johnson and Novo Nordisk to Perdue
Florian Douetteau
Farms and Rolls Royce , shared their stories on stage as part of Dataiku ’ s Everyday AI global event series and annual Frontrunner Awards in 2024 . Supported by a workforce that has grown to over 1,100 worldwide , Dataiku now serves 20 % of European Forbes Global 2000 companies , with rapidly accelerating market penetration across the Americas and APAC .
“ Surpassing $ 300M ARR underscores the impact of Dataiku ’ s Universal AI Platform and its central role in the AI strategies of the world ’ s largest companies ,” said Florian Douetteau , Co-Founder and CEO of Dataiku .
“ Our cloud- and model-agnostic platform does not just future-proof enterprise AI , it empowers business teams to drive innovation and real results . In 2024 , C-suites turned to Dataiku to harness AI and reshape their markets .”
“ Dataiku ’ s ability to drive sustainable growth while driving financial efficiency sets it apart from the OpEx-heavy business models of other major players in the AI ecosystem , including LLM providers . This is key to providing enduring value for customers and investors alike ,” said Adam Towns , Chief Financial Officer of Dataiku .
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